Telkom has announced that its CEO and executive director Sipho Maseko will step down on 30 June 2022. The telecoms company said the process to appoint a successor is well underway and a designated group CEO will be announced in the not too distant future.
It is possible that cooking oil prevented more looting in South Africa in the last week than the president, the ANC, the intelligence community, the army and the police combined. This, without question, says something about the versatility of the product. It says even more about the state of the state. When you are shown up by canola, you might want to revisit your strategy.ByHoward Feldman
Performance Media across Search, Social and Programmatic platforms is the single fastest growing area of digital media in South Africa. Combine that with the detailed analysis of campaign management, tagging and ad operations, and it becomes apparent that these highly specialist functions require a highly specialised unit.
The Transnet Port Terminals website has been hacked, implying that all companies under Transnet have been affected. All Transnet websites were down at the time when reporting was done for this SA Trucker article. The publication cited sources who requested to remain anonymous because they are not allowed to speak to the media.
Annual revenue of integrated fitness clothing is forecast to rise from approximately $1bn in 2020 to $11bn in 2025, according to a new report from Juniper Research. This rapid growth, boosted by higher pricing, will see smart clothing become the largest fitness wearable sector by revenue.
Meanwhile, falling prices for traditional consumer wearables will see these products overtaken, posting revenue in 2025 of $5.3bn, almost half that of clothing.
The new research, Health & Fitness Wearables: Market Size, Trends & Vendor Strategies 2020-2025, notes that wearables have been diversifying for several years, with numerous alternatives to wristbands. Integrated fitness clothing has developed to analyse cadence, exercise form and precise positioning, appealing to fitness enthusiasts and professional sports teams.
Thanks to these features, smart fitness clothing is shown to be the fastest-growing fitness form.
Future is in personalised data
The research found that disruptive innovators are increasingly including personalised health and fitness insights for long-term progress. Vendors such as Moov, Whoop and Athos have taken advantage of this approach, threatening the established position of leading manufacturers.
Established players have, as yet, failed to change their strategies, emphasising breadth of features over personalised offerings. Juniper Research anticipates that established players will lose substantial market share without incorporating this trend, and expects Fitbit’s shipments to drop by 7.5% between 2020 and 2025.
Market evolution opens doorways to subscription fees
The report notes that the emphasis on providing insights and long-term diagnostics means that wearables are no longer just a hardware proposition, making subscription options a more palatable concept.
As the market changes, additional opportunities in terms of business approach will be available to vendors. Traditionally, subscription models have not been an effective approach to the health and fitness wearables industry, but devices providing coaching and feedback can change this.
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